MANH on Nasdaq

Manhattan Associates

Logo: manh.com3

American prepackaged software services company based in Atlanta.1

Price unavailable

Last updated Oct 18, 2026.

Overview

1990Founded1

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  • TickerMANH on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersAtlanta, United States1
  • Websitewww.manh.com
  • Incorporated inGA4
  • Business address2300 Windy Ridge Parkway Tenth Floor, Atlanta, Ga 303394
  • Filer categoryLarge accelerated filer4

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Manhattan Associates image from its website
Image: manh.com3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

25.9%Operating margin5
20.3%Net margin5
3.7%Revenue growth, 20255
69.9%Return on equity5
$374.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service, Other brought in 47% of the revenue Manhattan Associates broke down this way in fiscal 2025.

  1. Service, Other$503.0M547%down 4% from 2024
  2. Cloud subscriptions$408.1M538%up 21% from 2024
  3. Maintenance$130.0M512%down 6% from 2024
  4. Hardware$25.4M52%down 3% from 2024
  5. License and Maintenance$14.8M51%down 2% from 2024
Products and services by year
Products and services202320242025
Service, Other$487.9M$525.5M$503.0M
Cloud subscriptions$254.6M$337.2M$408.1M
Maintenance$143.9M$138.3M$130.0M
Hardware$24.1M$26.2M$25.4M
License and Maintenance$18.2M$15.1M$14.8M

Regions

Americas brought in 56% of the revenue Manhattan Associates broke down this way in fiscal 2025.

  1. Americas$810.4M556%up 1% from 2024
  2. Rest of the world$373.5M526%up 8% from 2024
  3. EMEA$215.8M515%up 13% from 2024
  4. Asia Pacific$55.2M54%up 12% from 2024
Regions by year
Regions202320242025
Americas$719.2M$802.5M$810.4M
Rest of the world$301.4M$346.2M$373.5M
EMEA$166.6M$190.5M$215.8M
Asia Pacific$42.9M$49.3M$55.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue44¢$472.3M
  • Research and development13¢$145.1M
  • Other costs16¢$178.1M
  • Income tax6¢$65.9M
  • Profit20¢$219.9M

Out of $1.1B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending4¢$15.5M
  • Share buybacks81¢$315.2M
  • Kept or used elsewhere15¢$58.9M

Out of $389.5M of cash from operations.5

Financial statements

Revenue67895$1.1B in 2025+75% since 2019
0$500.0M$1.0B$1.5B2019: $617.9M$617.9M20192020: $586.4M$586.4M2020−5%2021: $663.6M$663.6M2021+13%2022: $767.1M$767.1M2022+16%2023: $928.7M$928.7M2023+21%2024: $1.0B$1.0B2024+12%2025: $1.1B$1.1B2025+4%
Operating income67895$279.8M in 2025+141% since 2019
0$100.0M$200.0M$300.0M2019: $115.9M$115.9M20192020: $114.1M$114.1M2020−2%2021: $134.3M$134.3M2021+18%2022: $152.7M$152.7M2022+14%2023: $209.9M$209.9M2023+37%2024: $261.6M$261.6M2024+25%2025: $279.8M$279.8M2025+7%
Net income67895$219.9M in 2025+156% since 2019
0$100.0M$200.0M$300.0M2019: $85.8M$85.8M20192020: $87.2M$87.2M2020+2%2021: $110.5M$110.5M2021+27%2022: $129.0M$129.0M2022+17%2023: $176.6M$176.6M2023+37%2024: $218.4M$218.4M2024+24%2025: $219.9M$219.9M2025+1%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Total revenue$1.1B$1.0B$928.7M
Total costs$472.3M$471.0M$430.6M
Research and development$145.1M$137.7M$126.8M
Sales and marketing$81.2M$76.0M$74.5M
General and administrative$93.8M$89.8M$81.2M
Depreciation and amortization$6.3M$6.3M$5.8M
Restructuring expense$2.9M
Total costs and expenses$801.6M$780.8M$718.8M
Operating income$279.8M$261.6M$209.9M
Interest income$4.4M$6.0M$5.3M
Other income (loss), net$1.7M-$811.0K-$1.5M
Income before income taxes$285.9M$266.8M$213.7M
Income tax provision$65.9M$48.5M$37.1M
Net income$219.9M$218.4M$176.6M
Basic earnings per share$3.64$3.56$2.86
Diluted earnings per share$3.60$3.51$2.82
Basic60.5M shares61.3M shares61.8M shares
Diluted61.1M shares62.2M shares62.6M shares

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Leadership

Who has led Manhattan Associates, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Peter F. Sinisgalli2006–2012
  2. Eddie Capel2013–now

Chair

  1. Eddie Capel2025–now

President

  1. Peter F. Sinisgalli2006–2012
  2. Eddie Capel2012–now

Chief financial officer

  1. Steven R. Norton2006
  2. Dennis B. Story2006–2026
  3. Linda C. Pinne2026–now

Chief operating officer

  1. Eddie Capel2012
1995200020052010201520202025
Board members and other officers (24)

Timeline

  1. Jan 23, 2013New chief executive Eddie Capel becomes CEO13
  2. Jan 6, 2006New chief executive Peter F. Sinisgalli becomes CEO14
  3. 1990Founded Founded1

Filings

336 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 35 major events, 195 insider forms, 30 large holders, 56 other. The latest 20:

  1. Aug 14, 2026SCHEDULE 13G/A EDGAR
  2. Aug 11, 2026144 EDGAR
  3. Aug 11, 20264 EDGAR
  4. Aug 10, 20264 EDGAR
  5. Aug 6, 2026144 EDGAR
  6. Aug 6, 2026SCHEDULE 13G/A EDGAR
  7. Jul 31, 20264 EDGAR
  8. Jul 31, 2026S-8 EDGAR
  9. Jul 31, 202610-Q EDGAR
  10. Jul 30, 2026144 EDGAR
  11. Jul 28, 20268-K EDGAR
  12. Jun 16, 20264 EDGAR
  13. Jun 10, 2026144 EDGAR
  14. Jun 10, 20264 EDGAR
  15. Jun 1, 20268-K EDGAR
  16. May 20, 20268-K EDGAR
  17. May 18, 20264 EDGAR
  18. May 18, 20264 EDGAR
  19. May 18, 20264 EDGAR
  20. May 18, 20264 EDGAR

The 336 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 30 such filings since October 2021, the latest 10:

  1. Aug 14, 2026SCHEDULE 13G/A
  2. Aug 6, 2026SCHEDULE 13G/A
  3. May 15, 2026SCHEDULE 13G
  4. May 14, 2026SCHEDULE 13G
  5. Apr 30, 2026SCHEDULE 13G
  6. Apr 29, 2026SCHEDULE 13G
  7. Mar 27, 2026SCHEDULE 13G/A
  8. Feb 17, 2026SCHEDULE 13G
  9. Feb 5, 2026SCHEDULE 13G
  10. May 14, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.6,781,222$944.3M0.0%−63,316
Vanguard Portfolio Management LLC3,857,897$537.2M0.0%−11,852
Fmr LLC3,611,292$502.9M0.0%+307,895
Aqr Capital Management LLC3,328,418$458.0M0.2%+166,366
Vanguard Capital Management LLC2,673,626$372.3M0.0%−8,981
Morgan Stanley2,665,077$371.1M0.0%−164,929
Alliancebernstein L.P.2,297,954$305.9M0.1%−817,133
State Street Corp1,905,527$265.3M0.0%+43,097
Geode Capital Management, LLC1,878,302$264.1M0.0%+65,066
Swedbank AB1,500,000$208.9M0.2%No change
Invesco Ltd.1,444,230$201.1M0.0%+202,859
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,149,923$160.1M0.2%−15,565
Kayne Anderson Rudnick Investment Management LLC1,015,310$141.4M0.4%−79,415
Neuberger Berman Group LLC976,464$136.0M0.1%+9,724
TD Asset Management Inc974,964$135.8M0.1%+246,254
Arrowstreet Capital, Limited Partnership962,685$134.1M0.1%+416,291
Jacobs Levy Equity Management, Inc792,256$110.3M0.4%−55,312
Epoch Investment Partners, Inc.742,409$103.4M0.6%+281,948
Lazard Asset Management LLC734,350$102.3M0.2%+34,582
Sumitomo Mitsui Trust Group, Inc.707,957$98.6M0.1%+34,349
Dimensional Fund Advisors LP703,183$97.9M0.0%+60,410
Norges Bank675,793$94.1M0.0%New
William Blair Investment Management, LLC675,396$94.0M0.3%+46,079
Northern Trust Corp631,962$88.0M0.0%−3,055
Stephens Investment Management Group LLC606,425$84.4M0.9%+103,747

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 29, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+26.4%Report
Jan 29, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+26.4%Report
Jan 29, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+26.4%Report
Jan 13, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+47.2%Report
Jun 24, 2019Donna Shalala, HouseSale$1,001 - $15,000−68.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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